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20131202
20131210
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CNBC 14
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Search Results 0 to 38 of about 39 (some duplicates have been removed)
CNBC
Dec 6, 2013 7:00pm EST
about. larry, back to you. >>> all right, many thanks to bob pisani. now, it looks like more and more like obama care is failing so badly that a bailout is already in the works for the nation's biggest health insurance companies. and that's because of what many are calling the perfect storm. not enough young people enrolling, too many older and sicker people signing up, also there are too many errors in the reporting back end of the health care.gov website. and today, they admitted to the appallingly big error rate. and 65% oppose a rescue for the health insurance industry. you know what, folks. one big bank bailout five yearers ago more than enough, thanks very much. here is independent senior policy analyst hadley heath and with us democratic strategist tracy sefl, lenwood brooks, policy director for public notice and cnbc contributor james pethokoukis of the american enterprise institute. good evening. heather, let me -- let me begin with you. what is up with this? what are they calling it? a corridor. they're calling it a corridor of assistance for the insurance companies. it soun
CNBC
Dec 2, 2013 7:00pm EST
half of obama care. it's actually not going to -- they're cutting right into medicare. they're also cutting right into medicare advantage. isn't that going to lower the reimbursement rates for medicare and push doctors out of the medicare system? >> yeah, they're already leaving in droves from accepting medicare. and they're going to concierge practices, limiting their number of medicare patients they take. they are taking only commercial insurance plans. and many people are taking -- the premier physicians aren't taking any insurance. you just have to send the bill to your insurance company and hope that they pay for that. >> this is a dumb question, what would you have them do? obama dials you up, sees you on "the kudlow report," wants to know what you would do. what would you tell him. >> give everybody at birth a health savings account and that's what i would do -- >> just give it to them. >> it makes everybody a capitalist. and capitalism has been the winning formula -- >> tax free, save it up all those years, the inside build-up. this is what harold ford wanted when he was run
Bloomberg
Dec 6, 2013 7:00pm EST
'll be right back. 3, two, one. >> president obama and the first family throwing the switch, lighting be national christmas tree. it bade it in light. the president then later singled -- mandela,andel a the beloved seven everton leader. he said, he blessed us with tremendous grace and courage. we are all privileged to live in a world touched by his goodness. the national christmas tree, it was lit tonight in washington. you encore. the most notable newsmakers from the past week, on bottom line. >> we are a long way from seeing successful logging in, making counts, getting the right information to the insurers, getting something appropriate. it would be premature for anyone to declare bakery. a lot of this is not functional. 40% of it needs to be crated from scratch. insurers are worried about their ability to get the right information. consumers may be giving it a second shot. that doesn't mean we're not -- are going to have success of the program. >> bigger and bigger discounts are needed. the environment is getting more competitive. the economic climate has not been great. orderssee
CBS
Dec 9, 2013 6:00am PST
. >>> four u.s. presidents are headed to south africa to pay final respects to civil rights legend nelson mandela. president obama and first lady michelle obama departed on air force one just a short time ago. tomorrow's memorial service will also serve as a rare reunion for nearly all of the living american presidents. >>> kpix5cate courigan is in the news room. a real security challenge. >> reporter: 8000 mourners are expected to attend the memorial and authorities say thousands of police officers will be on hand. right now, a memorial outside of mandela's former home is growing as well as a crowd of south africa's that have come together since the death. >> police are preparing today for a memorial service for nelson mandela at a johannesburg soccer stadium. president obama leaves this morning for south africa where he'll attend the massive public memorial. former president's bush, clinton and carter will also be in attendance along with more than 50 heads of state, making it one of the largest gatherings of world leaders in recent history. >> this is a test for us. >> reporter: the he
CNBC
Dec 2, 2013 6:00am EST
're having this huge argument right now. and i think partly because the obama administration about whether the profit incentive is even relevant in today's world. >> i think that's a fair point. i think it's a very important argument to have. by the way, higher education, the for profit guys are the ones paying taxes, both property and income taxes, whereas the not for property guys are the ones receiving subsidies. as far as i'm concerned, money is money. the only difference in private and public money is ideological. you draw a line between the two. public money becomes purer -- >> but it's worth ten cents on the dollar. >> i don't disagree with you. >> you're one of the old democrats. you're looking around saying what am i. >> i don't -- by the way, it's sort of what we were talking about earlier with iran. i don't think it's a question of choosing one or the other. i think you need to have a healthy balance of both. but if you start off with a regulatory bias against the for profit sector. >> you do. >> i understand, i don't disagree. >> i'm appealing to you, stand up and be -- >> i'm
FOX Business
Dec 2, 2013 4:00pm EST
about it, one of our guests is testing these things right now. the obama administration trumpeting its success in fixing at least most of the problems on healthcare.gov's website but how much work still needs to be done to fix every problem on the site? and also, not just about drones at amazon as we mentioned. online retailing giant is also throwing down the gauntlet in the tablet wars. we'll tell you how it is targeting rivals like apple with the ipad mini. oh, yeah, two of the minis, what are those kindles? they arrived at my house, courtesy of my sister danielle. they're adorable and kids are obsessed already. david: they're selling them underpriced. what is not to like? liz: here come the rivals. edward snowden. ♪ david: time for a quick speed read in fact of the day's other headlines. five stories in main. hit technology worldwide said the initial public offering could raise a bill dollars. could be second biggest ipo in the year. the company didn't say when it plans to launch the ipo. >>> amazon cutting price of two kindle fire tablets for cyber monday. kindle fire hd 16 giga
CNBC
Dec 4, 2013 7:00pm EST
promise to find it for you right here at "mad money." i'm jim cramer. see you tomorrow. >>> president obama argued today that income inequality is the definie ining challenge of our . sorry, mr. president, the defining challenge of our time is to restore strong economic growth. in other words, the rising tide lifts all boats. we don't need redistribution tax hikes, we don't need state run health care, more spending, lower the incentive barriers and bring us growth. here's another big problem for president obama, the millennials are abandoning him and obama care in droves. a new poll shows plunging support from young people. because the obama care website is in such bad shape, the government now has offered to bail out insurance company profit and losses, and in a possible second bailout, provide the insurers with guest estimates of health care subsidies. this whole story has gone haywire. all right? all of this and more coming up on "the kudlow report" beginning right now. >>> good evening, everyone. i'm larry kudlow. this is "the kudlow report." we're live here at 7:00 p.m. eastern,
FOX Business
Dec 5, 2013 10:00pm EST
. it knows all and tells all right here next. ♪ ♪ lou: a lot going on. the obama administration moving closer to finalizing a controversial rule that would gi green energy company's 30- year permits to kill bald and golden eagles in the country without penalty. hundreds of thousands of birds are not killed every year after flying into large wind turbine blades and other obstaes. the industry claims only 2 percent of the eagles are killed by those wind turbines. a federal study recently found wind farms killed at least 85 gold nine bald eagles from 1997 until 2012. why am i telling you about this? because i care about this a lot. this angers me to think about what we're doing in this country. the white house is now reportedly completing a review of the rule. final details are not known. the rule could still be tweaked, as they put it, but significant changeare rare at this stage in the process. so call your congressman. call your senator, call the president. senator elizabeth warren says she does not want to be president, stepping out of llary clinton's way for a run possibly in 2016. declarin
FOX
Dec 9, 2013 7:00am PST
to south africa right now to attend the memorial service for nelson mandela. president obama and first lady michelleby boarded air force one about three hours ago. also on air force one for the trip to south africa and the funeral, former president george w. bush, laura bush and former secretary of state, hillary clinton. former presidents jimmy carter and bill clinton will attend the memorial but they are traveling separately. the only living former u.s. president not going is george h.w. bush. his spokesman said the 89-year- old is not able to travel long distances. in south africa people continue to gather outside of mandela's house in johannesburg. the memorial will be held in a soccer field that seats 95,000 people. then his body will lie in state in pretoria weand through friday and on sunday, he will be buried in the remote village where he grew up. >>> a community meeting later tonight over complaints from airplane noise. that will be the main focus. people started complaining during the summer after a startup company called surf air started to fly louder planes out of the airport.
FOX Business
Dec 6, 2013 10:00pm EST
're coming right back. lou: it will cost taxpayers and businesses aost 2 trillion per year. that's right. that is their number. more than 20 times the $80 billion price tag that the obama administration puts into the regulations. this new repor put up on the libertarian competitive enterprise institute marginally funded by the coke brothers who brought that information. illinois democratic governor pat quinn this week signed a new legislation intended to reform the state's massively underfunded pension system. illinois has $100 billion shortfall in its funding of employee retirement plans, the worst in the country. the new law is expected to cut that liability by about 21 billion, fully fund their retirement system by 2044. we will watch carefully, and no one should hold their breath. labor unions are threatening to file a lawsuit to challenge the new law. that may be sincere, or it may be political theater. you will see about that. stocks ended the day sharply higher onositive developments in both the economy and in the job market, sparking speculation that the fed may choose to taper a
Bloomberg
Dec 6, 2013 8:00am EST
that person feeling the landscape. >> he clearly was a moral compass. for civil rights leaders here, how important was his passing? >> as president obama said, he was a leader for the world, and around the races world about apartheid and many things. he will be in the annals of martin luther king, gandhi, nelson mandela. >> and he was an inspiration to people all over the world in terms of what he stood for, and that is so important, and something that any of us should never forget -- that none of us should forget. >> on that note, an appropriate note, thank you, matthew dowd, and also eric bost. we will discuss nelson mandela's legacy with someone who knows it quite well. ceo mohamed el-erian will weigh in, as well as on the jo report that will be out in 15 minutes. stay "in the loop." we are just getting started on this friday. >> "in the loop" with betty liu will be right back. ♪ >> as we await the crucial employment report for the month of november, the last jobs to poorly with good this year, we're starting to see the -- jobs report we will get this up a whoppingre 28% this year,
FOX Business
Dec 3, 2013 1:00pm EST
. that was barack obama in january of 2008. we have a chart of electricity prices right now if we can. they are right now believe it or not at all time highs. people and not talking about it but they will soon. interestingly at the end of the day the epa a cash am out with an announcement that they will be flexible on these new rules and will give states greater with respect to this stuff. going higher and higher and other things going on in the economy, maybe they will pull back a little bit and that will be good for these coal companies particularly natural resources, today it is a 75% even before this news i thought they were turning the corner, they weather the storm. next year fiscal year the consensus is the will make $2.03, two month ago the consensus was $1.25, wall street is coming around to the idea that the bottom line which we know a lot of that was cost savings and things like that but maybe they weathered the storm. this stock is off to the races. lori: what about the fundamentals, the seasonality, the supply, the potential for further exploration of other energy sources
CNBC
Dec 6, 2013 6:00am EST
obama on the air right now that would be better than the minimum wage. because recall, 40% of unemployed people today are long-term unemployed, disproportionately in the bottom 20% and those people will be hurt by minimum wage increases. but you and i agree that minimum wage people could make more money to support their families better. what's a better policy starting right now that president obama should be talking about instead of what he's doing, which is hurting poor people such they can make more money no matter how much it costs. >> look, just to be clear. i like the question, but i don't agree with the premise. i do think a moderate increase would help. to answer the part of your question that i agree with, here's what i think he should do. the earned income tax is a very important pro work subsidy. this is a good way to help low-wage people. but for childless adults, adults who don't have kids, it's rea y really -- i would increase the childless adult part of the earned income credit so that single folks can make a decent wage, as well. >> so you -- will you acknowledge i didn't
FOX Business
Dec 4, 2013 9:20am EST
their best on-line day ever on monday and what is the stock doing? >> yeah, i think that president obama is calling wal-mart right now for tips. wal-mart is down 1/10 of 1%, record on-line sales for cyber monday for wal-mart, ever. so that's a very big deal. but this really trended over from the thanksgiving, to the black friday and then into monday. stuart: okay. didn't we nearly put j.c. penney on death watch? yes, we. >> oh, yeah. stuart: we almost did. strong november sales sending the stock higher. by the way, this is a charles payne pick, down 2% now. we were thinking that charles would do a victory lap later, but i don't know about that. it's down 2% on strong sales. interesting. we've got some bad pr for google of all people. a group called consumer you search for items using google's shopping fever, instead of a competing search engine, you'll likely pay more. i'm saying there's no impact on the stock. it's down a buck on a $1,000 item. is the u.s. economy growing? it's slowly down, is it growing? is that bad for stocks? shah galani and liz macdonald are with me. all right, stro
Bloomberg
Dec 5, 2013 7:00pm EST
in after state benefits have run out and it was a program started under bush and continued under obama. it went from 99 weeks to 73. i don't know what the right number is but i do know that the 1.3 million americans who are getting unemployment benefits and having the stop on the 28th is bad politics and bad policy. >> today, john boehner told reporters at the presidents real focus ought to be on creating a better environment for our economy and creating more jobs for the american people. those jobs were there, shovel ready jobs that president obama spoke of often, would we be having this discussion about benefits? >> the unemployment rate has gone down from 2000 eight. whether there are enough or not, that is what politicians can debate around the edges. peoplelion, these are who come from all walks of life, white-collar, blue-collar and they need this assistance and what is also happening is some brinksmanship and public negotiating going on. i think they are close to a deal. it will come in higher than the sequestration rates will be hard for a lot of the republicans in the house fo
FOX Business
Dec 9, 2013 4:00pm EST
. jo ling kent covering the story and has more details. jo? >> dave, you're right. the tech companies publicly agree that spying hurts their industries and they banded together to push president obama and members of congress to action saying they quote, strongly believe current laws an practices about surveillance need to be changed. aol, apple, facebook, google, linkedin, microsoft, twitter and yahoo! created reform government surveillance coalition and said in open joint letter we understand that governments have the duty to protect our citizens but this summer's revelations highlight urgent need to reform government surveillance practices worldwide. the letter says the balance in many countries tipped too far in favor of the state and away from the rights of the individual, rights enshrined in our constitution. this undermines the freedoms we all cherish. ceos including twitter's, marisa mayer off yahoo!, facebook mark zuckerberg and ceo of google larry page put forth five goals. they're calling on government to limit surveillance to specific users, not to collect data in bulk. the
Al Jazeera America
Dec 9, 2013 6:00am EST
crash. >> this is a live look at andrews air force base right now. president obama just boarding air force one just moments ago. he will be heade headed to south africa for the funeral of nelson mandela. >> welcome back to aljazeera america. i'm del walters. in mexico city, thousands of protestors are taking to the streets. we'll tell it will you why they're so upset about proposed changes for the state run oil company in a molt. first, let's find out whether all this snow and ice are going to continue across the nation today. >> temperatures are going to stay cold enough for some areas to continue with the wintery weather we've been dealing with across mainly northern new england. right now, it's minus forein denver, freezing in memphis, 22 in chicago. if you like it warm, the only place in the u.s. is down across florida, who are already in the 60's and 70's. the dakota, it's minus 10 right now in fargo. dropped to 30 degrees or better below zero. we have those dangerously cold conditions in place. it feels like minus 15 in minneapolis. temperatures are going to stay blow average.
FOX
Dec 4, 2013 7:00am PST
brown. anyone with information is asked to call pleasanton police. >>> happening right now, president obama is speaking at an event in washington, d.c. hosted by the center for american progress. talking about the economy and the income gap between rich and poor. let's listen in. >> would let you buy a home and a car, maybe a vacation once in a while, healthcare, reliable pension. for others it meant going to college. in some cases, maybe the first in your family to go to college. it meant graduating bought taking on loads of debt and being able to count on advancement through a vibrant job market. now, it's true that those at the top, even in those years claimed a much larger share of income than the rest. the top 10% took home about one- third of our national income. but that kind of inequality took place in a dynamic market economy where everyone's wages and incomes were growing. and because of upward mobility, the guy on the factory floor could have his kid around the company some day. but starting in the late '70s, this social compact began to unravel. technology made it easier f
CSPAN
Dec 2, 2013 4:10am EST
responsibility problem. but it's not. it is a public health problem. and i would put sugar right down there as well. so here we have with the government is doing right now. it is called the let's move campaign. michelle obama's campaign to try to reduce obesity in a generation. what she says his focus on individual, focus on the family, and focus on the community. but she leaves government and the food industry out. now, anybody remember her very first speech after let's move was rolled out in 2010? it was to the grocery manufacturers association of america. and she pointed directly at them, just as i am to you right now, and said, this is your fault. you see this on youtube. this is your fault, and you have to come up with a solution. she never said it again. not once. why is that? why? she's been muzzled by her own administration because they do not want this fight. and i know they do not want this fight because they told me they do not want this fight. sam caste is michelle obama's personal chef and her point person to her obesity task force, and he told me after reading the new yo
CNBC
Dec 3, 2013 2:00pm EST
three times, you know, 3.5 times price to sales. so is there a valuation thing there to the right buyer? maybe they see something. >> yeah. good questions, herb. herb greenberg. >>> take a look at this live picture here, president obama talking health care at the white house. let's get to jonn harwood. >> the president is beginning a campaign to try to move past the difficulties of the website market the positive virtues of obama care. some of the things that have taken effect, such as letting people, kids stay on their parents policies until they're 26 years old. the refusal to let insurance companies bar people from insurance with preexisting conditions. but the president is also going to try to continue to push enrollment in obama care in these exchanges that are being run by the federal government in 36 states. they've got a goal of getting million people by the end of the enrollment period at the end of march. they have to have the right kind of people, that is so say, younger, healthier people to balance the less healthy people who are more expensive to insure. the president has a
FOX Business
Dec 5, 2013 11:00am EST
the magic shell went back to being a...shell. get live squawks right in your trading platform with think or swim from td ameritrade. president obama: what drives me as a son, grandson, father, and american is to make sure every hard-working optimistic kid in america takes the same incredible chance this country gave me. does the driving force in everything we have done this past five years. that is where you should expect my administration to focus all our efforts. the speedennis: president obamag it about himself again. dennis kneale and cheryl casone take you through the next hour of "markets now." unions a spotlight, protesters demanding better wages, collective bargaining but is it out of control? americans with chronic illness looking at soaring drug cost. all this and more on the next hour of "markets now." well here is a way to solve the economic problems, double or triple the economic wage. cheryl: bankrupt a few companies. dennis: let's go to stocks now every 15 minutes. nicole petallides, stocks are extending a losing streak and 25th straight day. apple one bright spot. nicole:
FOX Business
Dec 5, 2013 7:00pm EST
. we're coming right back. the defining issues of our era. class warfare and wealth redistribution. two major tenants of the obama philosophy and the service employees union putting on a high price set administrations had fast food joints all around the country. the "a-team" next. ♪ [ male announcer ] how can power consumption china, impact wool exports fronew zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat theiryear lipper average rowe price. invest with confidence. with investment information, risks, fees and expenses o read and consider carefully before investing. with investment information, risks, fees and expenses she loves lot of it's what you love about her. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis the only daily ed tablet appro
CNBC
Dec 5, 2013 6:00am EST
pleased with the kind of response he's been getting from the obama administration about security. and depending on where you look, congressman, you know, people on the right to some extent say there was never even any thought to getting security in there. and people on the left say, you know, when i had a kid, should i have gotten rid of my kid when i saw a few glitches? no, you fix the glitches. it's a wide spectrum. what wept into the planning for security? >> well, unfortunately, not much. this isn't about wanting the site to fail itself. you're pushing people. people have lost their health care. they need to be able to access this site in order to get on and get a policy by january. so that's our concern. and what you've done is you've opened them up to a level of risk using this website i've never seen. standard site of this size would be about 500,000 lines of code, roughly, maybe a little less. the code in healthcare.gov is about 5 million lines of code. and it has never been thoroughly tested. and so we know of a very low level access problem and meaning that somebody cou
CNBC
Dec 4, 2013 6:00pm EST
mentioned. there's always a bull market somewhere and i promise to find it for you right here at "mad money." i'm jim cramer. see you tomorrow. >>> president obama argued today that income inequality is the definie ining challenge of our . sorry, mr. president, the defining challenge of our time is to restore strong economic growth. in other words, the rising tide lifts all boats. we don't need redistribution tax hikes, we don't need state run health care, more spending, lower the incentive barriers and bring us growth. here's another big problem for president obama, the millennials are abandoning him and obama care in droves. a new poll shows plunging
FOX Business
Dec 9, 2013 1:00pm EST
screws up, that is good for the markets you're saying right? >> absolutely. i also want to say i want to thank president obama because of his ineffective policies why the market is at 16,000. i should be a die-hard left-of-center democrat because of his failed economic policies. if there is no interest like self-interest i should be riding the president massive checks. we have to remember that the administration does not create jobs. they create policies that is conducive to job creation. >> kent, we'll have to end it there. thanks so much. thanks for putting up with my questions. >> no problem. thank you. adam: thank you, charlie. we'll be right back. can reach , but there are no branches? 24/7. i'm sorry, i'm just really reluctant to try new things. really? what's wrong with trying new things? look! mommy's new vaum! (cat screech) you feel that in your muscles? i do... drink water. it's a long story. well, not having branches let's us give you great rates and service. i'd like that. a new way to bank. a better way to save. ally bank. your money needs an ally. every day we're working
CNBC
Dec 9, 2013 6:00am EST
anybody wants is a shutdown other than maybe harry reid and president obama distracting from the patient protection and affordable care act. i'm the right wing saying we need to use the full name. but no, the federal government does enough harm to our economy, day in and day out. the last thing we need is keep on additional harm by shutting down the government. i know republicans are absolu absolutely dedicated to fixing the long-term problem. but we certainly don't want a shutdown at all. i know paul ryan. and i think chairman murray are really working together to try to stabilize the situation, come up with something. if we can get some long-term mandatory reforms in exchange for, you know, some sequester relief, maybe plus up some defense, i know people are highly concerned about readiness in our military. and you've got to do a little giving from that standpoint. you need some real structure reform to the long-term mandatory spending programs in order for that deal to work. >> it puts it out past the 2014 election. >> that's they're talking. let's hope nobody throws a poison pill in
CNN
Dec 4, 2013 3:00am PST
speak louder than words on this front. >> can't judge him on that front. he's right about the full campaign. it's interesting. he pulled back, tried to clarify on the obama care stuff. saying i supported him the whole time. >> not politically motivated. he said that. >> everybody judging do we believe that or not. i think it's an example of something else, something bad, an example of how toxic the game has got. even the wizard himself, bill clinton, can't say anything to the satisfaction of the media and to the parties who want to just stay bitter that even what he said has been taken and run with, even the wizard got caught up in the game. >> even the wizard got caught up in the game. this is unprecedented territory, though. the line the clintons have to walk with being potentially a successor, associating themselves with the administration, but not too much so they can represent change. even for a master of politics, this is a difficult line to walk. you can't overthink it and parse every statement bill clinton makes. we know the larger trends taking place, the clintons aren't g
CNBC
Dec 3, 2013 9:00am EST
sure they're buying the right product. >> clint, just briefly, finally, can you also tell whether you're getting healthy young people signing up? is that the main concern for the whole obama care initiative over the next year or two? >> sure. we're getting a good mix of people right now. yesterday was -- so last week we went live, obviously thanksgiving week. yesterday, we got, you know, inundated with phone calls and requests, and it looks like, you know, early indicates are a pretty good mix of young and older folks, looking for coverage. so i think time will tell as we get more data on how everything plays out. >> all right. gohealthinsurance is the website for those looking for more information. clint jones is the ceo joining us this morning. thank you so much, sir. >> thank you. >>> let's get back to scott cohn who's been walking us through the detroit decision better than anybody could have expected. scott, what do you have? >> reporter: it now is official. detroit is the largest municipal bankruptcy filing in u.s. history. judge steven rhodes saying that the city is indeed elig
CNBC
Dec 6, 2013 9:00am EST
soto at a time when we want to drive efficient sports cars. the only question i have is, isn't obama care just another one of those? back to you. >> all right, rick, thank you so much. rick santelli in chicago. >>> nobody puts baby in the corner without an -- without an ipad. [ laughter ] stay tuned for this, the latest in toddler technology in just a moment. hi honey, did you get the toaster cozy? yep. got all the cozies. [ grandma ] with new fedex one rate, i could fill a box and ship it for one flat rate. so i knit until it was full. you'd be crazy not to. is that nana? [ male announcer ] fedex one rate. simple, flat rate shipping with the reliability of fedex. where does the united states get most of its energy? is it africa? the middle east? canada? or the u.s.? the answer is... the u.s. ♪ most of america's energy comes from right here at home. take the energy quiz. energy lives here. yep. got all the cozies. [ grandma ] with new fedex one rate, i could fill a box and ship it for one flat rate. so i knit until it was full. you'd be crazy not to. is that nana? [ male announcer
CNN
Dec 2, 2013 2:00am PST
being razed out here right now. investigators will use that derailment and this derailment and see if there is any possible link here. >> alexander, appreciate you being there. thank you. >>> night and day. that is how the main obama care website fixer upper described the difference between healthcare.gov now and when it launched back on october 1st. jeff saying in a conference call on sunday the website now works smoothly for the vast majority of users. >> after clearinging through fewer than a hundred bucks through the month of october, the speed has more than tripled with more than 400 bugs fiched and eliminating critical glitches and making experience to the consumer experience better throughout the site. >> the administration says the obama care site can handle as many as 50,000 concurrent users and 800,000 consumer visits during the day. >>> they say the terror threat in the united states is growing. democratic senator dianne feinstein and mike rogers share that view. both said changing tactics and improving weapons make it harder right now to warn the war on terror. >> are w
Bloomberg
Dec 9, 2013 3:00pm EST
. both sides seem to be understanding. beep says the job needs to done right and broadcasters like cbs, fox, and disney, already complaining the agency it was rushed. systems in place for this than what we have seen for healthcare.gov, where the obama administration spent weeks trying to prepare the exchange while at the same time up and running. class aside from the obvious delay, how else will this be different? >> one big difference is testing. a beta version. technology will be demonstrated for participants in a mock auction. it will be tested before the sale happens. one of the big complaints about the health care exchange website, there was not an adequate end to end test of the entire system. >> thank you. next, the real problem with fannie and freddie. we will explain with josh rosner and will be right back. ♪ qwest time for chart attack, where we show you two charts that will make you smarter. first, fannie and freddie kind of got stuck holding the bag. by some measures, they may still be the only measure in -- only game in town. walk us through what we are talking about and
FOX Business
Dec 3, 2013 4:00pm EST
've got the very latest numbers on that next. david: also president obama launching a pr offensive to try to win over sceptics and opponents of his health care overhaul and bump up his approval rates but will it work? let's go live to the white house right after a short break. ♪ as a business owner, i'm constantly putting out fires. so i deserve a small business credit card with amazing rewards. with the spark cascard from capital one, i get 2% cash back on ery purchase, every day. break my back around here. finally soone's recognizing me with unlimited rewards! meetings start at 11, cindy. [ male announcer get the spark business card from capital one. choose 2% cash back or double miles on every purchase, every d. what's in your wallet? i need your timesheets, larry! yep. got all the cozies. [ grandma ] with n fedex one rate, i could ll a box and ship it r one flat rate. so i kn untilt was full. you'd be crazy not to. is tt nana? [ male announcer ] fedex one rate. simple, flat rate shipping with the reliability of fedex. [ male announcer ] fedex one rate. stick with innovation. stick w
CNBC
Dec 5, 2013 4:00am EST
? the u.s. is right now in the middle of one of the biggest pushes to raise wages that i've seen in 20 years working in this field. president obama has called for a $10 minimum wage hike. but, you know, given the gridlock in washington, the states are starting to act. california approved a $10 minimum wage hike and no sooner had that been inked than a consebive placed it on the ballot to go to $12. the high cost cities are pushing for even higher wages. voters in sea-tac, washington, approved a $15 wage. now cities like chicago and new york are calling for wages of similar levels. i think what's driving this is what president obama called the defining challenge of our time in this economics talk yesterday. the fact is, the restaurant industry noted that the majority of the jobs our economy is creating are in these low payment fields like restaurant and retail. these aren't team jobs if they ever were. now tens of millions of adult americans spend their time cycling through these careers, these jobs. at $9 an hour, they're not sustainable. so what the fast food workers are calling for i
CNBC
Dec 4, 2013 3:00pm EST
business committee. he wrote an op-ed piece pointing out there's another small business problem with obama care. this one has to deal with the definition of employee. that's on top of new paperwork rules, new definitions. those are our top three right now. >> our viewers have their homework assignment during the break to go look that one up. thank you very much, sir. i hope my parents are watching because i know we have a couple of red gas cans in the garage. >>> coming up, merrill lynch was one of the largest financial snugs on wall street. up next, former chairman of merrill's international division, win smith on what led to their collapse during the financial crisis, of course it to be bought by bank of america. the american dream is of a better future, a confident retirement. those dreams, there's just no way we're going to let them die. ♪ like they helped millions of others. by listening. planning. working one on one. that's what ameriprise financial does. that's what they can do with you. that's how ameriprise puts more within reach. ♪ to help secure retirements and protect finan
Al Jazeera America
Dec 5, 2013 6:00am EST
%. much of this battle has been over the minimum wage of $7.25. president obama suggested that rates should be hiked to $10.10 an hour. if it were tied to productively ty, one study said that figure really should be $21.72. >> temperatures are plunging right now across much of the country. a blast of arctic air is bringing bone-chilling cold along with snow and ice storms. it's a different situation along the east coast where temperatures have been a lot warmer than usual. nicole mitchell has more. >> a bone chilling wind has already plunged temperatures by 20-30 degrees in half the country by 24 hours. the cold snap is bringing a brutal mix of snow, ice and sub zero temperatures, impacting 33 million americans. >> it's terrible. it's terrible. watch this time laps as it drops from 54 to 10. it's making an impact with a deep freeze, causing slick roads across america's highways. >> we're going to hit! oh! >> semi trucks sliding in iowa, across the west, some temperatures could plummet 40 degrees. it's not just the biting record cold. around duluth, many shoveling around their tires j
FOX
Dec 5, 2013 7:00am PST
see quite a busy scene crowded out in front of the mcdonald's right in manhattan. fast-foot companies say increasing wages to $15 an hour could lead to -- would lead to higher costs for customers and fewer jobs. last month, president obama said he would back a senate measure to raise the federal minimum wage to $10.10 an hour. back here, workers are planning protests in oakland and san jose today. at 11:30, workers will be protesting outside of the mcdonald's at 1313 jackson street in oakland. at 12:30, workers will be outside of the mcdonald's at 1398 west san carlos street in san jose. then at 4:00 a rally and march is planned from the fruitvale b.a.r.t. station in oakland to nearby fast-food restaurants there. look for a lot of activity outside of the restaurants. senate majority leader harry reid has promised a vote on the wage hike by the end of the year. however, a measure is not expected to do well in the house where it's opposed by many republicans. reporting live in the newsroom, pam cook, ktvu channel 2 news. >> thank you. >>> 8:49. let's check in with sal. get you to where
CNBC
Dec 3, 2013 6:00am EST
. >> and, again, obama care developers, are they available to develop this for us for the federal -- >> i don't know. they might be busy right now. >> maybe we can wait. if somebody like amazon could deal with figuring out 5,000 different tax jurisdictions, it would be a pain, but they could figure it out. >> they can deliver packages with a drone, they can figure this out. >> right. it's complicated stuff, but it's people who are the -- >> was that a pr stunt yesterday or was that -- >> they are becking it up. they are still saying they can do it. >> fred smith of -- >> he said that flying in general is much harder just logistical logistically. >> was he a fighter pilot? >> he is. but he talked about the worries of terrorism, if it's not completely regulated in the right way. but he did take it seriously, sent me an article about how it is moving from military to some commercial uses. but didn't sound like it was nearly as imminent to him. i asked the u.p.s. guy and the guy couldn't answer because liesman was laughing so hard that i asked the u.p.s. guy. but it's a legitimate question. i
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